Elin Electronics Allots 50,000 Equity Shares Under Employee Stock Option Plan 2024
Elin Electronics Limited allotted 50,000 equity shares under its Employee Stock Option Plan 2024 on February 10, 2026, at an exercise price of Rs. 78 per share. The allotment increased the company's paid-up share capital from Rs. 24,82,96,100 to Rs. 24,85,46,100, with total equity shares reaching 4,97,09,220. The exercise generated Rs. 53,62,290 in proceeds, and the newly issued shares rank pari-passu with existing shares.

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Elin Electronics Limited has successfully allotted 50,000 equity shares under its Employee Stock Option Plan 2024, as approved by the Nomination and Remuneration Committee on February 10, 2026. The allotment represents a strategic move to reward employees while strengthening the company's equity base.
Share Allotment Details
The company exercised 50,000 stock options at an exercise price of Rs. 78 per share, with each share carrying a face value of Rs. 5. The allotment generated total proceeds of Rs. 53,62,290 for the company.
| Parameter | Details |
|---|---|
| Number of Shares Allotted | 50,000 equity shares |
| Face Value per Share | Rs. 5 |
| Exercise Price per Share | Rs. 78 |
| Premium per Share | Rs. 73 |
| Total Money Realized | Rs. 53,62,290 |
| Issue Date | February 10, 2026 |
Impact on Share Capital
The allotment has resulted in an increase in the company's paid-up share capital. The newly issued shares will rank pari-passu with existing equity shares in all respects.
| Capital Structure | Before Allotment | After Allotment |
|---|---|---|
| Number of Equity Shares | 4,96,59,220 | 4,97,09,220 |
| Paid-up Share Capital | Rs. 24,82,96,100 | Rs. 24,85,46,100 |
Regulatory Compliance
The allotment was conducted in compliance with SEBI regulations, including the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The shares have been issued in dematerialized form with distinctive numbers ranging from 4,96,59,221 to 4,97,09,220.
Financial Impact
The company reported diluted earnings per share of Rs. 0.88 per share on a standalone basis for the quarter ended December 31, 2025. The ESOP exercise reflects employee confidence in the company's growth prospects and provides additional capital for business operations.
Key Features
- All shares issued in dematerialized form under ISIN INE050401020
- No lock-in period applicable on the allotted shares
- Shares identical to existing equity shares in all respects
- Exercise conducted under the structured Employee Stock Option Plan 2024
The successful completion of this ESOP exercise demonstrates Elin Electronics' commitment to employee participation in the company's growth while maintaining regulatory compliance and transparency in its corporate actions.
Historical Stock Returns for Elin Electronics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.31% | +1.95% | +0.71% | -12.03% | +3.59% | -33.74% |


































